Most resident in assisted living communities depend on their after-tax annual incomes to pay their bills. Some also rely on contributions from family members. However, new methods of payment must be found if the senior housing industry is to serve more than just the small percentage of seniors who can afford private-pay assisted living on their income alone.
"Spending Assets Prudently for Quality Assisted Living,"
Marquette Elder's Advisor:
2, Article 3.
Available at: http://scholarship.law.marquette.edu/elders/vol4/iss2/3